redemption yield


noun

stock exchange the yield produced by a redeemable gilt-edged security taking into account the annual interest it pays and an annualized amount to account for any profit or loss when it is redeemed

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Question 1 of 9
You may have read the word "simmer" in a recipe or two, but what does it really mean?
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012